Mondrian Investment Partners LTD Makes New $13.93 Million Investment in Vanguard FTSE Developed Markets ETF $VEA

Mondrian Investment Partners LTD acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 232,522 shares of the company’s stock, valued at approximately $13,933,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE increased its position in Vanguard FTSE Developed Markets ETF by 3.0% in the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after purchasing an additional 5,747,233 shares during the period. Envestnet Asset Management Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock valued at $5,684,072,000 after purchasing an additional 958,633 shares during the period. Wealthfront Advisers LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.1% in the 3rd quarter. Wealthfront Advisers LLC now owns 58,309,968 shares of the company’s stock valued at $3,493,933,000 after purchasing an additional 1,755,210 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock worth $3,049,419,000 after buying an additional 1,794,331 shares during the period. Finally, WealthNavi Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 1.1% during the 3rd quarter. WealthNavi Inc. now owns 48,797,610 shares of the company’s stock worth $2,923,953,000 after buying an additional 549,899 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $68.76 on Tuesday. The company’s 50 day simple moving average is $64.73 and its 200 day simple moving average is $61.63. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $69.40. The firm has a market capitalization of $212.99 billion, a P/E ratio of 16.34 and a beta of 0.87.

Vanguard FTSE Developed Markets ETF Company Profile

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.